India’s striking efforts in innovation warrants close watch and the recent moves by the Tata Group into aerospace promise to bring new business models to the world. Last month, Tata Motors came out with the $2,500 Nano car—not only a new way of putting together a cheap car but a new business model to go with it. And now parent Tata Group is linking up with Boeing in a parts deal, Sikorsky Helicopters in a deal to build cabins for S-92 helicoperts and Europe’s EADS Defense and Security group to bid on an advanced communications project for the Indian army.
This information comes to me by way of a comment just posted from India. He goes by the name singh.sushi on his email. Great.
Low cost innovation is becoming an Indian speciality. You can see it in health care (eye surgery), telecom (cell phone service by the minute), manufacturing (the Nano). I’m sure Boeing is partnering up with Tata to sell more commercial jets into the booming Indian market but if it is open and smart, it may find itself with a new, cheaper way, to make components and assemble planes. Ditto for Sikorsky and EADS.
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